DEVELOPERS & INVESTORS: Outstanding opportunity in Chilliwack’s growing downtown with excellent future redevelopment potential. Designated RES-3 (Low Rise Apartment) under the OCP (buyer to verify with the City of Chilliwack). Currently generating $3,500/month in rental income, this is an ideal holding property while planning for future development. Situated on an 8,712 sq.ft. corner lot, this well-maintained 2-storey with basement home offers 6 bedrooms, 4 full bathrooms, updated kitchen, family and living rooms, skylights, heat pump, newer thermo windows, 6-year roof, 3-year gutters, new sump pump, open-concept main floor, and a fully fenced yard with mature landscaping.
Address
46031 Cleveland Avenue
List Price
$824,999
Property Type
Residential
Type of Dwelling
Single Family Residence
Structure Type
Residential Detached
Transaction Type
Sale
Area
Chilliwack
Sub-Area
Chilliwack Proper East
Bedrooms
6
Bathrooms
4
Floor Area
3,068 Sq. Ft.
Main Floor Area
1568
Lot Size
8712 Sq. Ft.
Lot Size Dimensions
66 x 132
Lot Size (Acres)
0.2 Ac.
Lot Features
Central Location
Lot Size Units
Square Feet
Total Building Area
3068
Frontage Length
66
Year Built
1934
MLS® Number
R3140170
Listing Brokerage
SRS Panorama Realty
Basement Area
Finished
Postal Code
V2P 2W9
Zoning
R1
Ownership
Freehold NonStrata
Parking
Open, Front Access, Side Access, Asphalt
Parking Places (Total)
4
Tax Amount
$3,547.13
Tax Year
2025
Site Influences
Balcony, Central Location, Garden, Private Yard, Shopping Nearby
Accessibility Features
Wheelchair Access
Community Features
Shopping Nearby
Exterior Features
Garden, Balcony, Private Yard
Appliances
Washer/Dryer, Dishwasher, Refrigerator, Stove
Board Or Association
Chilliwack
Heating
Yes
Heat Type
Baseboard, Hot Water
Fireplace
Yes
Number of Fireplaces
1
Laundry Features
In Unit
Levels
Two
Number Of Floors In Property
2
Security Features
Smoke Detector(s)
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